You don't ever ask a barber whether you need a haircut.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

If you hit a hole in one every hole, you wouldn’t play golf for very long.

If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.

Chains of habit are too light to be felt until they are too heavy to be broken.

You pay a very high price in the stock market for a cheery consensus.